ALTANA Chemie Acquires Electrical Insulation Business of Ranbar
Strategically this acquisition enables ALTANA Chemie to strengthen its activities and product portfolio in the area of impregnating resins in the US. "The acquisition allows us to reach additional key customers in America and is part of our consistent strategy to focus on highly profitable specialty chemicals," said Dr. Matthias L. Wolfgruber, Member of the Management Board of ALTANA AG and CEO of ALTANA Chemie AG. This addition will improve the company's market position in the US and it will also increase the capacity utilization of the US subsidiary P.D. George.
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